Tortoise MLP Fund Common

Under normal circumstances, the fund will invest at least 80% of total assets in equity securities of MLPs in the energy infrastructure sector, with at least 70% of total assets in equity securities of natural gas infrastructure MLPs. For purposes of these policies, the fund considers investments in MLPs to include investments in affiliates of MLPs. Energy infrastructure MLPs own and operate a network of pipeline and energy-related logistical assets that transport, store, gather and process natural gas, natural gas liquids (NGLs), crude oil, refined petroleum products, and other resources or distribute, market, explore, develop or produce such commodities. Natural gas infrastructure MLPs are defined as companies engaged in such activities with over 50% of their revenue, cash flow or assets related to natural gas or NGL infrastructure assets. The intends to focus primarily on midstream energy infrastructure MLPs that engage in the business of transporting, gathering and processing and storing natural gas and NGL infrastructure assets. We may invest up to 50% of our total assets in restricted securities, primarily through direct investments in securities of listed companies. The fund will not invest in privately held companies.

Key stats

Management firm  Tortoise Capital Advisors
Domicile  United States
Fund Administrator  US Bancorp Fund Services, LLC
Global Branding Name  Tortoise Capital Advisors
Fund currency  USD
Launch Date  2010-07-27
ISIN  US89148B1017
SEDOL  B4Z50D0
Manager 1 Name  Zachary Hamel
Manager 2 Name  Terry Matlack
Fund Strategy  Energy Limited Partnership
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  6.18%
Return - 2 Months  9.39 %
Return - 3 Months  14.08%
Return - 6 Months  16.33 %
Return - 9 months  19.52 %
Return - 12 Months  19.03%
Annualized return 24 months  22.34 %
Annualized return 36 months  15.13 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  14.39%
Return YTD  16.33%

Ratings

Morning Star Rating Date   2014-06-30
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  1.36 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  11550 Ash Street, Suite 300
Contact Address 2  Leawood, KS, 66211
Contact city  Leawood
Contact country  United States
Fund Admin Group  Tortoise Capital Advisors
Web Address  www.tortoiseadvisors.com/
Email contact  pkearney@tortoiseadvisors.com
Custodian  US Bancorp Fund Services, LLC
Phone  (866) 362-9331

Price

Last Price Date  2014-07-23
Pre-tax nav  29.80
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.25
Price change (percentage)  0.85 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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